Sentrigo Secures $6 Million In Series C Funding
Round included participation from existing investors Benchmark Capital and Stata Venture Partners
December 22, 2010
PRESS RELEASE
SANTA CLARA, Calif.—December 21, 2010—Sentrigo, Inc., the innovator in database security and provider of data protection solutions for the datacenter and the cloud, today announced that it has secured $6 million in a Series C funding round. The round included participation from existing investors Benchmark Capital and Stata Venture Partners, as well as a new strategic investment from Juniper Networks, through the Junos' Innovation Fund. The financing will allow Sentrigo to increase global sales and marketing activities in support of its rapid revenue growth rate, as well as to continue expanding its database security and data integrity solutions for the cloud.
“With Juniper’s leadership and focus on securing the next-generation data center, we believe there are significant synergies with companies such as Sentrigo,” said Douglas Murray, senior vice president and general manager, high-end security and services at Juniper Networks. “As the market continues to move toward virtualization and cloud computing, Sentrigo is in a unique position to protect sensitive data, leveraging the strengths of its distributed architecture. We look forward to working with the company through this investment.”
Sentrigo’s suite of database security and compliance solutions includes components for vulnerability assessment, real-time monitoring, virtual patching and low-overhead audit. Sentrigo’s products monitor database threats and activity locally on each database server, allowing efficient and effective operation regardless of the deployment model. Sentrigo Hedgehog Enterprise is designed to protect sensitive data either on premises or in the cloud, from both external attacks as well as misuse by privileged insiders, addressing critical issues related to compliance audits for key industry regulations.
“Sentrigo’s approach to securing sensitive information is a key enabler to cloud computing, allowing organizations to deploy the applications they desire, while maintaining compliance,” said Nathan Shuchami, CEO of Sentrigo. “We have experienced tremendous growth this year, and as more and more customer infrastructure moves to the cloud, Sentrigo is uniquely positioned to become the leading provider of real-time protection for critical data. Backed by both customer and investor support, we look forward to continuing to innovate with our products, and to bringing their benefits to a wider range of users.”
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About Sentrigo
Sentrigo is a recognized innovator in database security solutions, offering a full suite of products for vulnerability assessment, virtual patching and database monitoring/auditing. The company’s flagship product, Hedgehog Enterprise, provides Database Activity Monitoring (DAM) and real-time Intrusion Prevention, protecting sensitive data from external threats and misuse by privileged insiders. Hedgehog can be quickly and easily deployed at small and midsize organizations, and scales to handle the largest enterprises, providing full visibility into all database activity and allowing enterprises to enforce security policy and comply with regulatory requirements, such as PCI DSS, Sarbanes-Oxley, and HIPAA. The company is a member of the Cloud Security Alliance (CSA), and recently received the Cloud Computing World Series Award as the ‘Best Security Solution’, the 2010 Global Product Excellence Award for Database Security from Info Security Products Guide, the 2010 Editors’ Best and Community Choice Awards from SQL Server Magazine, and was a recipient of the 2010 Red Herring 100 North America Award. For additional information and to download Hedgehog, visit www.sentrigo.com.
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